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China's HNA to step on M&A brake after dealmaking binge

Tuesday, June 6, 2017 - 05:50

A sprawling aviation-to- financial services group, HNA has emerged as China's most active non- government player in global markets, with deals worth more than US$50 billion.


AFTER two years of aggressive dealmaking - from buying stakes in Deutsche Bank and Hilton Worldwide Holdings Inc to taking over electronics distributor Ingram Micro - Chinese conglomerate HNA Group intends to slow the pace, or at least the size, of its acquisitions overseas.

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